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Bank deposits and loans record increase in February 2024

Total deposits in February recorded a significant net increase by pound 65.4 million following a decrease of pound 366.0 million in the previous month, while loans recorded a large net increase of pound 348.9 million after a net decrease of pound 122….

Cabinet convenes to extend targeted support measures

The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes.

According to CNA sources, the government will not renew the zero excise tax on fuels whi…

KEDIPES to pay to the state pound 140 mln in 1Q

The Board of Directors of the Cyprus Asset Management Company (KEDIPES) has decided to proceed in the first quarter of 2024 with the largest quarterly payment in cash to the state, since the start of its operations in 2018, amounting to pound 140 mill…

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